Bob Faulis
$150MM mixed use under way after being broken 20 years, $10MM away
Diary entry One- I just spent a month doing the due diligence, aligning the management team, developing relationship with key players (particularly the lender), and I am almost there. Well, .. . . was almost there. ...
Lisa Richards
Help on selling my log cabin home please
[b]Hi I have a log cabing home in Okeechobee florida. We are now on our secound contract with a buyer, we can not get the banks to approve a loan for anyone. The problem is the comps, they want another log cabin tha...
Meryl McElwain
So-anyone still paying rent?
So I'm in Chicago. Two six flats. 8/12 tenants now not paying rent. I've been talking to other landlords and it's the same story. I have two buddies with 60 units between them. They're are mostly 1 bedrooms. Rent is u...
Nica Ferrante
Screening tenants - The most important decision
Hello BP people,As I'm working to put together my process for tenants selection there are a couple of questions I would like to have your feedback:If you have a couple as potential tenants, do you make both of them to...
Ben Lovro
Lessons from a Failed Hedge Fund on Real Estate Risk
Introduction
Investing in real estate is kind of like playing a board game.It's all about making moves and decisions, hoping they'll pay off in a big way.But, similar to board games, there are risks in real estate.Th...
Solomon F.
Yikes! termites!!!
I went to check out a house needs to be totally redone but that's not such a big deal because it's a great price. Prob is I'm pretty sure it's got termites. Is it worth investing the time and $$ to determine the exten...
Shiloh Lundahl
How hard would you be willing to work for a million dollars?
When I was a kid, I would look at the cars as they would drive down the road. All of the cool cars I would either think to myself or ever say aloud to myself, "That's my car." And when I was asked how much money I w...
Inderpal Chadha
Frozen faucets
This is not Alaska but a frozen faucet in Maple Valley, Wa. All the faucets are frozen, the heat is off as of now ( no one lives at the property). The heat will be hopefully up in a day. The temperatures were in th...
Peter Tverdov
Handling Multiple Security Deposits
Curious how some of you with lots of doors handle multiple security deposits? I have been using Capital One Bank 360 (which allows you to have up to 30+ accounts) and creating a separate account for each apartment's d...
Renee P.
Beginners in St. Augustine, FL
Hi, I'm actually an inactive realtor in St. Augustine, FL. I am interested in learning how to invest in real estate to build a retirement income. My husband is a building contractor locally and plans on becoming invo...